Acrylic acid and esters will be oversupply.(MARKET REPORT: Organics)

China Chemical Reporter | September 26, 2007| | Copyright

Due to the drastic capacity expansion acrylic acid and esters will be oversupply.

Drastic capacity growth

The production capacity of acrylic acid in China has grown drastically in recent years. With the completion of the 80 thousand t/a acrylic acid and 130 thousand t/a acrylic ester project in Shenyang Paraffin Chemical Industrial Co., Ltd., (CCR2006, No. 31) the capacity of acrylic acid in China has reached 882 thousand t/a. Because of the evident capacity surplus, the operating rate of acrylic acid units in China will reduce constantly in the next 1-2 ...

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